Iron Creek Energy Group's land and lease records department is experienced and well versed in managing onshore oil and gas ownership, including properties which involve fee, Federal, State, and Indian minerals. Operated and non-operated interest records are capably administered for single or multiple leases, Federal or fee secondary recovery units, or Federal exploratory units involving multiple participating areas. Recognizing customer and owner relations are a priority and by utilizing specialized oil and gas computer software, Iron Creek is pleased to offer the following services to clients:

1. Land & Lease Records
     a. Maintain land and lease information
          • Rental & obligation calendars
          • Gross & net acres
          • Federal chargeability
     b. Payment
          • Shut-in/delay rentals
          • Recoupable Native American rentals
          • Federal minimum royalty
          • Federal, State, Indian or fee annual rentals
          • Other monetary lease obligations: surface
            damage, pipeline or road rights-of-way,
            easements, saltwater disposal, etc.
     c. Invoice other participants for obligations paid
     d. Reports as required by clients
   
   
2. Division of Interest
     a. Setup
          • Well, tract, participating area or unit basis Revenue
          • Joint interest billing
          • Oklahoma Senate Bill 168
          • Split gas stream or take in kind
     b. Generation & distribution of division & transfer orders
     c. Title maintenance
     d. Interest owner inquiries & third party correspondence
     e. Reports as required by clients
   
   
3. Acquisition/Divestiture Services
     a. Record ownership transfer documents
     b. Record agency assignments(BIA, BLM & State)
     c. Prepare & distribute letters-in-lieu
     d. Notify purchasers, operators and vendors of divestiture/acquisition
     e. Prepare and file change of operator forms